Dowty Senior Finance Controller

Posted 3 Days Ago
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Gloucester, Gloucestershire, England
Senior level
Aerospace • Energy
The Role
The Senior Finance Controller manages financial reporting, compliance, and internal controls. Responsibilities include ensuring accurate financial statements in accordance with IFRS and local GAAP, overseeing budgeting for NPI projects, and collaborating with various teams for financial accuracy. The role involves engaging with auditors and maintaining operational excellence across financial functions.
Summary Generated by Built In

Job Description SummaryYou will report to the P&AT Executive Controller and will be responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis. You will coordinate Controllership and Accounting activities across Dowty Business, ensuring proper connection and alignment with GE Aerospace Head Quarter and sharing best practice. In this role you'll also be involved on planning, monitoring, and controlling the financials of a multi-million-dollar NPI Open Fan technology project, ensuring financial accuracy, regulatory compliance, and cost efficiency, while collaborating with various stakeholders and potentially travelling internationally.Job DescriptionEssential Responsibilities

  • Ensure in a timely manner statutory accounts preparation in co-ordination with Tax Department, for Dowty Legal Entities and Group Consolidation, in accordance with IFRS and Local GAAP.

  • Drive and promote controllership compliance with local laws & GE Aerospace Policies

  • Manage timely & accurate closing process, promoting connection with GE Aerospace Head Quarter

  • Ensure accounting compliance and control of internal CMR processes.

  • Work closely with commercial and operations teams to understand implications of transactions and other matters applying proper accounting policies.

  • Provide technical accounting/financial reporting advice and support, consulting with GE Aerospace Controllership team and external auditor when appropriate.

  • Document key accounting internal standard operating procedures.

  • Key contact for regulatory and external auditors

  • Ensure proper control, integrity, and reconciliation for all business accounting activities.

  • Coordinate Internal (GE Aerospace) and External (Genpact) Resources to ensure accounting processes improvement and their connection with other Business functions (e.g. AP, AR, C&B, Payroll)

  • Cross-Functional co-ordination across multiple functions, engineering, manufacturing, sourcing, quality assurance and supply chain.

  • Develop, manage, and monitor the NPI programme budget, including forecasting and variance analysis.

  • Provide financial input for the project proposal, including cost estimation, pricing, strategy, and risk management.

  • Prepare and present financial reports and variance analysis along with Project dashboard to the GE Aerospace focal, NPI Programmes Leader, wider project, and senior management.

  • Identify financial risks and develop mitigation strategies in collaboration with the project management teams.

  • Support continuous improvement initiatives in project scheduling and cost control processes and proposal estimates using work breakdown structure methodologies to estimate the labour and material requirements and support the company strategic planning process.

Qualifications / Requirements                                                               

  • Bachelor’s degree in accounting, finance, or other business-related field and strong progressive accounting or finance experience.

  • Solid experience in finance, preferable on Industrial companies 

  • Audit Background (KPMG, Deloitte, PWC, E&Y, Accenture)

  • Exceptional analytical skills with the ability to interpret complex financial data and provide actionable insights.

Desired Characteristics

  • Deep knowledge of IFRS and US GAAP Accounting and of accounting closing processes and procedures

  • Adaptable/Flexible: being open to change in response to new information, different or unexpected circumstances, and/or to work in complex situations.

  • Demonstrated ability to lead teams, properly manage priorities and drive execution.

  • Advance computer skills: Microsoft Office Suite (excel, PowerPoint, Word, etc.).

  • ERP systems knowledge (Oracle/HFM).

  • Sound understanding of global process and transactional flows.

  • Experience working in a matrixed environment.

  • Chartered Accountant (FCMA/CGMA)

Flexible Working

GE supports and encourages flexible working arrangements, where possible, and recognises the benefits to employees of having a positive work-life balance.

Total Reward

At GE Aviation we understand the importance of Total Reward.  Our flexible benefits plan, called FlexChoice, gives you freedom, choice and flexibility in the way you receive your benefits, as well as giving you the opportunity to make savings where possible.

As a new joiner to GE we are pleased to be able to offer you the following as default in your benefit fund, which you then can tailor to meet your individual needs;

  • Non-contributory Pension          
  • Life Assurance
  • Group income protection            
  • Private medical cover    
  • Holiday Hourly equivalent of 26 days, with flexible option to buy or sell

Security Clearance

Baseline Personnel Security Standard (BPSS) clearance is required and must be maintained for this role. Please note that in the event that BPSS clearance cannot be obtained, you may not be eligible for the role and/or any offer of employment may be withdrawn on grounds of national security. Please see the link below for further details regarding the requirements for BPSS clearance: BPSS

Right to Work

Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. However, under the applicable UK immigration rules as may be in place from time to time, it may be that candidates who do not currently have the right to work in the UK may not be appointed to a post if a suitably qualified, experienced and skilled candidate who does not require sponsorship is available to take up the post. For further information please visit the UK Visas and Immigration website.

Additional Information

Relocation Assistance Provided: No

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